Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 7, 2022 erstellt
Beschreibung:
We compare Ranked-Choice Voting (RCV) and Plurality Voting (PV) in elections with 3 candidates. Voters receive consequential benefits from the election of a candidate close to their preferred policy position and also benefit from expressing their preferences sincerely. We provide conditions under which RCV will ensure both the existence of a sincere voting equilibrium and the election of the Condorcet winner, while PV may fail in both respects